Stock prices of the largest Canadian cannabis producers are dropping after the unexpected news that Scott Gottlieb stepped down as the Head of US FDA.

Stock prices of the largest Canadian cannabis producers are dropping after the unexpected news that Scott Gottlieb stepped down as the Head of US FDA.

After two years in this position, he is expected to resign already next month.

These news were absolutely unexpected and, as a consequence, has affected the producers of Cannabis in a negative way, especially due to the fact that Gottlieb was known for his supportive attitude towards the cannabis dealing market. Just last week, he announced that public discussions regarding regulatory issues for this market segment would take place in April.

We can now expect that stocks of Cannabis producers will react to this unexpected negative event, and in several days, could suffer even more significant losses.

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